DAX trades flat, German CPI eyed

Germany’s benchmark index, the DAX opened on a positive note and edged higher supported by gains in the German car maker Volkswagen on upbeat earning reports. However, the gains were quickly wiped out and the index trades flat awaiting German Prelim CPI ahead of US GDP figures and FOMC.
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United Kingdom CBI Distributive Trades Survey - Realized (MoM) below forecasts (25) in April: Actual (12)

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